Does the Government Accountability Office need to look into whether state regulators are overstepping their authority in supervising risk retention groups? As a popular insurance industry TV commercial goes: Does Elmer Fudd have trouble pronouncing “wabbit”?

In late July, a probe was ordered into whether state insurance regulators are going too far in the burdens they place on RRGs. The directive came from Rep. Dennis Moore, D-Kan., who chairs the House Oversight Committee on Financial Services.

When the report will be delivered remains to be seen, but as to the need for such an investigation, I say it’s about time!

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.